Title Security's Blog

Comprehensive Title Insurance & Escrow Services


Leave a comment

What’s Up With Housing?

.

If buyer demand continues to outpace the current supply of existing homes for sale, prices will continue to appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as it should.
.
.
.
Home builders report that customers are more cautious than before the crash and prefer smaller, value-packed homes.
.
.
.
.
After two months of decline, consumer sentiment among Floridians increased six-tenths of a point in April to 98.1 from a revised figure of 97.5 in March. Among the five components that make up the index, three increased and two decreased.
.
.
.
Research shows that millennials value organic, unplanned, authentic, and experience-based housing amenities the most. These amenities are generally not expensive.
.
.
.
“In today’s competitive housing market, understanding what homes may command a premium or attract multiple offers can be hugely beneficial to buyers.”
.
.
.
A low home appraisal can ruin the sale of a home. You can protect yourself from low appraisals. Here are some suggestions for buyers and sellers.
Advertisements


Leave a comment

What’s Up With Housing?

.

Owning a home has always been, and will always be, better from a financial standpoint than renting.
.
.
.
.
Second cut to state’s biz rent tax in as many years takes effect Jan. 1, 2019. Combined with last year’s cut, some Florida businesses will be saving nearly $100M each year.
.
.
.
.
12% of millennials surveyed cited “rising rents” as the trigger that sparked them to become homeowners, while 17% said family needs; for 55+ buyers, 20% said privacy. Overall, 44% want a three-bedroom home, and 93% want at least two bathrooms.
.
.
.
A new report from a federal watchdog finds that the Federal Housing Administration incorrectly insured approximately 9,507 borrowers who were actually ineligible.
.
.
This marks seventh-consecutive month of home price increases nationwide.
.
.
.
.
Every year that passes, the more population patterns are starting to look like the old sprawling dynamic serving suburban and exurban demand.


Leave a comment

What’s Up With Housing?

New Years

Speculation is a major element of the housing bubble formula. Right now, there are not elevated percentages of investors and house flippers. Therefore, there is not an elevated rate of speculation.
.
.
.
Tiny houses can teach all of us how to stay organized. Here are some tiny-house rules that will work wonders for big homes.
.
.
.
.
.
As investors remain cautiously optimistic in repositioning their portfolios and recalibrating their strategies for 2018, here are eight trends to watch for in multifamily investment for the upcoming year.


Leave a comment

What’s Up With Housing?

.

“Convenience is one of the most attractive qualities to Millennials and something real estate developers should keep in mind…”
.
.
.
.
NAR says the just-announced tax proposal is “nowhere near as good a deal as the one middle-class homeowners get under current law.” NAHB says it “abandons middle-class taxpayers in favor of high-income Americans and wealthy corporations.”
.
.
.
Would you live in a shipping container? Check out these inventive recycled container designs.
.
.
.
.
.
Pet owners face unique challenges when buying and selling a home. Not all neighborhoods, houses or condos will love their dog as much as they do.
.
.
.
.
.
If you’re thinking of selling and moving down, waiting might make sense. If you are a first-time buyer or a seller thinking of moving up, waiting probably doesn’t make sense.
.
.
.
NAR: Before its Dec. 8 expiration date, NFIP will likely be OK’d for another extension to give Congress time to finalize a longer-term revamp of the program.
.
.
.
.
.


Leave a comment

What’s Up With Housing This Week?

.

34th Street CorridorDevelopers Say St Pete’s 34th Street Corridor is Brimming with Economic Potential.
In the past, this thoroughfare has long been known as a busy yet unappealing stretch of commercial roadway.

.

.

Rising Home Prices2 Out of 3 Buyers Believe Home Prices Will Rise
A Gallup poll finds that 61% of U.S. adults expect home prices to continue rising over the next six months – a new high for the annual survey.
.

.

.

Housing Bubble? No!3 Reasons the Housing Market is NOT in a Bubble…
Mortgage lending standards are appropriate, new construction is below what is necessary and home prices haven’t even recovered. It appears fears of a housing bubble are over-exaggerated.
.

.

Tesla's Solar Roof TilesTesla’s Solar Roof Tile Systems Hit the Market
The company is taking $1,000 deposits on the virtually “invisible” systems, which it will begin installing next month.The company offers an “infinity” warranty on its tiles that integrate solar power into roof coverings. Tesla has published a web tool that can estimate costs and savings.

.

First-Time HomebuyersTampa Bay is Nation’s Second Best Metro for First-Time Homebuyers.
For first- time homebuyers, you can’t beat the Orlando and Tampa Bay areas. Despite steadily rising prices, both are relatively affordable compared to the West Coast and Northeast at a time when nearly half of all buyers are first-timers.
.

.

http://www.TitleSecurityFL.com


Leave a comment

What’s Up With Housing This Week?

.

How to Read and Understand a Title Commitment.
Please join Title Security at 9:30am, April 25, 2017 at our Coffee Corner… Discover how the title commitment relates to the closing and the contract. You’ll walk away understanding how to read all components of a commitment, as well as how to deal with title defects and other requirements that need to be cleared before closing.

.

.

Millennial HomebuyersWhy Rising Interest Rates Won’t Slow Housing Demand.
Title agents answering First American’s real estate sentiment index survey say an increasing desire for homeownership by Millennials and continued affordability will sustain demand.
.

.

Commercial ConstructionFlorida commercial real estate development is booming.
Florida is among the top states in the nation for commercial real estate industry spending impact and the number of jobs the industry sustains.
.

.

Tampa Bay home values rise at second-highest rate among country’s top 35 metro areas.
Bay area home values jumped 11.4 percent from March last year to $183,300.

.

.

PRO LogoMarch 2017 Pinellas County Real Estate Stats Report
Stand Out Stat: Median Sale Price for Single Family was up year-over-year… $230,000 in March 2017 vs. $200,000 in March 2016.

.

http://www.TitleSecurityFL.com

 


Leave a comment

Interesting Housing News

 

Great Pumpkin

Top Commercial Tampa Bay ProjectsThis Top 10 list of real estate developments in Tampa Bay shows just how much this area is taking off.
A cool commercial project here, another there. That’s great. But it’s easy to miss the critical mass gathering in Tampa Bay without looking at the area’s best and biggest commercial real estate developments.

.

.

Rising Home PricesAre Rising Prices Scarier Than Rising Interest Rates?
If you’re deciding between renting and buying during Halloween, home prices are your greatest fear.
.

.

Pinellas Realtor OrganizationPinellas Realtor Organization’s Standout Stat for September 2016…
Median Sale Price for Single Family is up 16.6% Year Over Year:  Sept. 2016 – $221,475 … Sept 2015 – $190,000
.

.

Empty Nesters Housing ImpactEmpty Nesters Poised to Make Major Housing Impact.
The population change for seniors, who are defined in this context as 55-plus, is higher than the percentage change for the US population.

.

.

Private Mortgage NotesHow Millennials Are Circumventing the Mortgage Process…
Student loan debt and credit card bills are making it hard for Gen Y to get bank mortgages. Many are turning to private mortgage notes to get around this.
.

.

.

Tropicana Field SiteTropicana Field 86-acre site vision splits development and public space 60/40.
HKS Architects is putting the final touches on a Trop site master plan that includes a new baseball stadium, towering office buildings, acres of new park space, housing, entertainment and retail.

.

http://www.TitleSecurityFL.com